mergers-and-acquisitions News
ZIM Stock Surges on Multiple Takeover Bids, Board Rejects CEO Offer
Shares in the Israeli shipping liner climbed after it confirmed it is evaluating several acquisition proposals and spurned a bid from its own CEO as undervalued.
WBD Surges as Paramount Amends Hostile Bid With Ellison's $40B Backing
The revised $30-per-share all-cash offer directly counters a board-accepted deal with Netflix and aims to resolve earlier financing concerns.
Alphabet to Buy Intersect Power for $4.75B to Fuel AI Ambitions
The cash deal for the clean energy developer marks a strategic push by the Google parent to secure power for its energy-intensive data centers amid a tech arms race.
Janus Henderson Acquired by Trian and General Catalyst in $7.4B Deal
The all-cash, take-private transaction values the asset manager at $49 per share, an 18% premium, marking a strategic shift for the firm amid industry pressures.
UniFirst Stock Surges on Renewed $5.2B Takeover Bid from Cintas
The all-cash offer of $275 per share represents a 61.7% premium, as the industry giant revives its pursuit of its smaller rival after previous rejections.
Harbour Energy Stakes Future on US Gulf with $3.2B LLOG Deal
UK's top North Sea producer to add 271 million barrels of oil equivalent in a transformative pivot to American deepwater assets.
Clearwater Analytics Soars on $8.4 Billion Private Equity Buyout
Permira and Warburg Pincus lead consortium to acquire the fintech firm at a significant 47% premium, signaling strong private equity appetite for SaaS assets.
Medtronic Files for IPO of Diabetes Unit, Forging a New Path
The spinoff, named MiniMed, aims to sharpen the focus of both companies as Medtronic streamlines its portfolio to concentrate on higher-margin growth areas.